sweat equity

Sweat equity

Sweat Equity

The physical work that one puts into an asset, company, or venture that increases its value. For example, one may work constantly on one's writing business so as to increase the revenue one receives from various contracts. This, in turn, increases the value of the business when the writer decides to sell the contracts to someone else. Likewise, one may build a new front porch onto one's house to increase its resale value. In both cases, the physical work is called sweat equity.

sweat equity

An increase in the value of property due to the rehabilitation and renovation efforts of the owner,usually acting as his or her own general contractor,subcontractor,and laborer.

What is not widely known is that the 26 per cent equity was broken up in this manner-- the Gaekwads were to get only 10 per cent of this ( 10 per cent free plus one paid) and Sunanda, who later married Tharoor, was to get 5 per cent as sweat equity towards her contribution in bringing MNC sponsors for the franchise.

Grantees may carry out activities directly and/or distribute SHOP funds to local non-profit affiliates that will develop the SHOP units, select homebuyers, coordinate the homebuyer sweat equity and volunteer efforts, and assist in the arrangement of interim and permanent financing for the homebuyers.

color) Twin sisters Gennessis, left, and Geminnis Enriquez, freshmen at UCLA on academic scholarships, helped their family provide sweat equity in the construction of their three-bedroom, carpeted, Habitat for Humanity home in Pacoima.

Hart-Lafayette families earn between 50% to 80% of the city's area median income, contribute sweat equity and assume an affordable mortgage, paying no more than 33% of their gross income on monthly housing expenses.

One of the rationales for the creation of Black History Month was the correct observation that the continued presence of that asterisk separated black people from an American history and American cultural values that we had earned through sweat equity.

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